Smart Contracts Using Bitcoin's Blockchain? rsk.co Is Making It Happen!

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.4 • 1K Ratings

🗓️ 20 December 2016

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ethereum's blockchain isn't the only game in town when it comes to a programmable, Turing-Complete layer that allows smart contracts to be programmed.
RSK.co is in the process of releasing it's latest update, named Turmeric, which allows

developers to create smart contracts using bitcoin's blockchain.
Watch out Ethereum – you have competition, but as Gabriel from RSK notes, everyone in the blockchain industry is striving for a decentralized, less corrupt, more inclusive world that may allow billions of unbanked people to participate in the world economy and rise out of poverty.
This is an uplifting, exciting, and future-looking conversation that transcends blockchain and smart contracts and will get you excited about what's to come.
Listen, subscribe and review this podcast.

Transcript

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0:00.0	Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs.
0:07.9	Future Technologies always to transform our lives for better or worse are the focus of this podcast.
0:13.6	Almost here means these technologies are now here and starting to be used.
0:18.1	We're just around the corner.
0:19.7	From Bitcoin to artificial intelligence, 3D around the corner, from Bitcoin to artificial intelligence,
0:22.0	3D printing, blockchain, virtual reality, and more.
0:27.6	Hi, this is Richard Jacobs with Future Tech Podcast, almost here, around the corner technology.
0:34.0	And today I'm speaking with one of the founders of RSK.C.CO.
0:39.3	They're working on a blockchain-related protocol that I'm going to let Gabriel,
0:44.1	who I'm speaking to, explain is one of the co-founders.
0:46.7	Welcome, Gabriel. How are you doing?
0:49.4	Very well. Thank you very much. Revenge for the invite.
0:52.3	Pleasure to be here in your podcast.
0:55.7	Yeah, and I apologize.
0:57.7	I'm not highly technical, I know a bit, but would you mind giving a brief rundown of what RSK does
1:04.6	and then we'll go into your background and go into some questions from there?
1:09.3	Absolutely.
1:10.4	So RSK is the first two-in-complete blockchain technology that allows to program smart
1:17.8	contract supported by the Bitcoin blockchain security network.
1:25.3	So until now, Ethereum was the network that could support smart contracts, but you're saying Bitcoin blockchain will be able to support smart contracts and have a layer on top of it?
1:39.6	Yes, exactly.
1:40.7	That's a idea.
	...

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